In a report released today, David Lantz from Wells Fargo maintained a Hold rating on Monro Muffler (MNRO – Research Report), with a price target of $35.00. The company’s shares closed yesterday at $32.46.
The word on The Street in general, suggests a Hold analyst consensus rating for Monro Muffler with a $35.00 average price target.
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MNRO market cap is currently $1.02B and has a P/E ratio of 30.01.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MNRO in relation to earlier this year.
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Monro, Inc. engages in the operation of chain stores that provides automotive undercar repair and tire services. The company offers services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance services and certain locations specialize in providing commercial tire and maintenance services. It operates under the brand names:Monro Auto Service & Tire Centers; Tread Quarters Discount Tire Auto Service Centers; Mr. Tire Auto Service Centers; Autotire Car Care Centers; Tire Warehouse Tires for Less; Tire Barn Warehouse; Ken Towery’s Tire & Auto Care; Tire Choice Auto Service Centers; FreeService Tire and Car-X Tire & Auto. The company was founded by Charles J. August in 1957 and is headquartered in Rochester, NY.
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